EOG Resources, Inc. $EOG Shares Sold by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC reduced its position in EOG Resources, Inc. (NYSE:EOG) by 48.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 7,529 shares of the energy exploration company’s stock after selling 7,025 shares during the period. Fidelis Capital Partners LLC’s holdings in EOG Resources were worth $844,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Ameriflex Group Inc. increased its stake in shares of EOG Resources by 31.6% during the 2nd quarter. Ameriflex Group Inc. now owns 379 shares of the energy exploration company’s stock worth $46,000 after purchasing an additional 91 shares in the last quarter. Hemington Wealth Management grew its holdings in EOG Resources by 7.2% during the 3rd quarter. Hemington Wealth Management now owns 1,383 shares of the energy exploration company’s stock valued at $155,000 after buying an additional 93 shares during the last quarter. apricus wealth LLC increased its position in EOG Resources by 5.0% during the third quarter. apricus wealth LLC now owns 2,002 shares of the energy exploration company’s stock worth $224,000 after buying an additional 95 shares in the last quarter. Sowell Financial Services LLC raised its holdings in shares of EOG Resources by 1.6% in the third quarter. Sowell Financial Services LLC now owns 6,234 shares of the energy exploration company’s stock worth $699,000 after acquiring an additional 96 shares during the last quarter. Finally, Richardson Financial Services Inc. raised its holdings in shares of EOG Resources by 2.0% in the second quarter. Richardson Financial Services Inc. now owns 5,032 shares of the energy exploration company’s stock worth $610,000 after acquiring an additional 98 shares during the last quarter. 89.91% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

EOG has been the topic of a number of analyst reports. Capital One Financial decreased their price objective on EOG Resources from $131.00 to $130.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. Sanford C. Bernstein restated a “market perform” rating and issued a $126.00 target price (down from $144.00) on shares of EOG Resources in a report on Monday, January 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of EOG Resources in a report on Thursday, January 22nd. Wolfe Research boosted their price objective on shares of EOG Resources from $134.00 to $137.00 and gave the company an “outperform” rating in a research report on Monday. Finally, Mizuho set a $134.00 price objective on shares of EOG Resources and gave the company a “neutral” rating in a research note on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, sixteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $134.07.

EOG Resources Stock Up 1.0%

Shares of EOG opened at $112.15 on Friday. The firm has a market cap of $60.85 billion, a PE ratio of 11.17, a price-to-earnings-growth ratio of 9.59 and a beta of 0.49. The company’s fifty day moving average is $106.82 and its two-hundred day moving average is $111.88. EOG Resources, Inc. has a fifty-two week low of $101.59 and a fifty-two week high of $135.87. The company has a quick ratio of 1.43, a current ratio of 1.62 and a debt-to-equity ratio of 0.25.

EOG Resources (NYSE:EOG) last released its quarterly earnings data on Thursday, November 6th. The energy exploration company reported $2.71 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.29. The business had revenue of $5.85 billion during the quarter, compared to the consensus estimate of $5.48 billion. EOG Resources had a return on equity of 19.80% and a net margin of 24.49%.The business’s revenue for the quarter was down 2.0% on a year-over-year basis. During the same period in the prior year, the firm posted $2.89 EPS. Analysts forecast that EOG Resources, Inc. will post 11.47 earnings per share for the current year.

EOG Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 16th will be issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Friday, January 16th. EOG Resources’s dividend payout ratio (DPR) is 40.64%.

Insider Activity at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 2,000 shares of EOG Resources stock in a transaction dated Wednesday, December 31st. The stock was sold at an average price of $105.68, for a total value of $211,360.00. Following the transaction, the chief operating officer directly owned 54,979 shares of the company’s stock, valued at $5,810,180.72. The trade was a 3.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.13% of the stock is currently owned by company insiders.

About EOG Resources

EOG Resources, Inc (NYSE: EOG) is an independent exploration and production company headquartered in Houston, Texas. Tracing its corporate origins to Enron Oil & Gas Company in the late 1990s, the company established itself as a stand‑alone E&P operator and has grown into one of the largest U.S. upstream producers. EOG focuses on the exploration, development and production of crude oil, condensate, natural gas and natural gas liquids (NGLs).

As an upstream-focused company, EOG’s core activities include geologic and geophysical exploration, drilling and completion of wells, reservoir development, and the marketing of hydrocarbon production.